Monthly Archives: March 2014
The risk-on rally is about to hit a 1 week air pocket. Any minute now….
The BEA announced its 3rd estimate of Q4 2013 GDP growth an hour ago. As I expected, the GDP growth rate was increased from 2.4% –its 2nd estimate. For those keeping score at home, BEA estimates have been: 1st: +3.2% 2nd: +2.4% 3rd: +2.6% I have made a thorough study of BEA Q3 GDP reports over the past 14 years. (I’ll get around to […] Read the rest of this entry
To clarify the previous post, if you work in the investment industry (you are a hedge fund manager, mutual fund / ETF manager, or bank common trust fund manager) and are interested in using the Greedometers to assist in managing a fund, please let me know via the contact form here. Thank you Jeff Seymour
The past 5 weeks have seen the highest ratio of insider selling –probably ever. My data goes back 10 years or so, but I suspect we’ve seen a new all time record for the ratio of shares sold/bought by insiders across all U.S. stock exchanges. In the past 10 years, the top 5-week average panic sell-fests were: Now. The previous 5 weeks saw 7.9 sells […] Read the rest of this entry
The Greedometer and Triangle Wealth Management websites were attacked last night. An outage of nearly 10 hours was sustained. Steps have been taken to defend against future attacks.
Yesterday evening, the dinner table discussion ended-up being focussed on the 2010 flash crash. Here’s what the S&P500 looked like in early 2010. Again, this is the period up to the flash crash (the week prior is included). Not a lot to be deeply concerned about. The week prior to the flash crash saw the S&P500 pull-back 2.5%. Not nothing. But not exactly noteworthy. […] Read the rest of this entry